Banks are estimating 65% odds, people are dumping us Treasury bonds, there is reporting of a purposeful weakening of the dollar, and I’m seeing the first price hikes enacted. Any suggestions for how to prepare for the shitstorm that’s coming?
Banks are estimating 65% odds, people are dumping us Treasury bonds, there is reporting of a purposeful weakening of the dollar, and I’m seeing the first price hikes enacted. Any suggestions for how to prepare for the shitstorm that’s coming?
I buy everything I know I’m going to need in bulk, and spent the last seven months adding extra goods to my pantry. For example, I never needed toilet paper during COVID.
Other than that, I’m just saving money every paycheck and living within my means. I will spend every spare dollar buying stock and crypto while prices are depressed, though. It’s like a steam sale for your pocketbook.